The Law Offices of Frank R. Cruz announces an investigation of Hercules Capital, Inc. (“Hercules” or the “Company”) (NYSE: HTGC) on behalf of investors concerning the Company’s possible violations of federal securities laws.

What Is The Investigation About?
On February 27, 2026, Hunterbrook Media published a report alleging, among other things, that Hercules marks its software debt “at 100 cents on the dollar” despite “billions worth of [software] debt across the industry falling into distressed territory” in recent weeks, stating that “about 35% of the value of the company’s loan portfolio — roughly $1.5 billion — is in software debt.”

On this news, Hercules’s stock price fell $1.22, or 7.9%, to close at $14.21 per share on February 27, 2026, thereby injuring investors.